Purview RMS Features and Benefits

Lend with confidence. Purview RMS offers empirical, objective filtering technology that uses timely title data and geographically proximate market information in its risk analysis. Purview RMS' ability to identify potential risk issues means better informed, more confident lending decisions.

Customized - Tailor Purview RMS to your specific lending application using multiple risk filtering criteria to deliver the information you need to support your product specific workflow (e.g. purchase, refinance, sub-prime, secured line of credit etc.).

Timely - Data is updated regularly from the POLARIS database, the automated land records management system for the Province of Ontario.

Reliable - Information provided on comparable properties includes the last sale price and date, lot dimension and distance from the subject property. You also get access to title records, property maps and aerial images (where available) to enhance your decision-making process. Data comes from government sources and there are confidence measures for estimates and fraud checks.

Cost effective - Front end title/value fraud detection minimizes needless administration expenses. Fees are incurred for successful transactions only and you can lower your closing costs with access to legal descriptions, assessment roll numbers (ARN), Property Identification Numbers (PIN) and ownership validation.

Optimise the use of appraisals. Let Purview RMS flag the potential risk and help you determine the extent of further due diligence.

Fast and Convenient - Results are displayed quickly using a tool set often available 24 hours a day. Stored configurations and simple design allow for rapid display of results in single reports or multi-record report layouts.

Flexible - Run reports for single properties or at the portfolio level. As well, you can get single or combined AVM, Equity Check & Fraud Check reports. Protect yourself against value fraud, flips, title fraud and cash deals.

Details - Our valuation criteria and the diversity of the reports gives you the details you need to have confidence in your lending decisions.

Geographic Coverage -

Ontario
  automated valuation model
  fraud check reports and real estate tools
  property sales history

Alberta
  automated valuation model

British Columbia
  automated valuation model

Manitoba, Winnipeg
  automated valuation model

Nova Scotia, Halifax
  automated valuation model

Quebec
  automated valuation model

Newfoundland & Labrador
  automated valuation model